1 ac
None
Other
Acreage
$1,685,000
Beautifully maintained 7-unit multifamily property offering stable income with room to grow. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, with several units updated between tenancies. Two units are currently vacant, providing immediate opportunity for new leasing or flexible use.Ample on-site parking and a 3,000 sq.ft. insulated and heated detached garage/shop with plumbing add to the versatility of the property. The shop is currently owner-occupied but may be leasable for hobby, storage, or small business purposes.Situated on a 1.09-acre CH-zoned corner lot with dual road access, the property offers future-use versatility and long-term potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is a well-managed asset with solid existing tenants and clear upside available through lease-up of the vacant units and optional shop use. (id:49187)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
|
MLS® Number
|
X12449811 |
|
Property Type
|
Multi-family |
|
Community Name
|
Rural Middleton |
|
Features
|
Irregular Lot Size |
Building
|
Age
|
51 To 99 Years |
|
Cooling Type
|
None |
|
Heating Type
|
Other |
|
Size Interior
|
1 Ac |
|
Type
|
Multi-family |
Land
|
Acreage
|
Yes |
|
Sewer
|
Septic System |
|
Size Depth
|
206 Ft |
|
Size Frontage
|
324 Ft ,4 In |
|
Size Irregular
|
1.091 |
|
Size Total
|
1.091 Ac |
|
Size Total Text
|
1.091 Ac |
|
Zoning Description
|
Ch |
https://www.realtor.ca/real-estate/28961826/285-highway-3-norfolk-rural-middleton